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Pin to quick picksKodal Minerals Share News (KOD)

Share Price Information for Kodal Minerals (KOD)

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Share Price: 0.435
Bid: 0.43
Ask: 0.44
Change: -0.005 (-1.14%)
Spread: 0.01 (2.326%)
Open: 0.44
High: 0.435
Low: 0.435
Prev. Close: 0.44
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Kodal Minerals upbeat on latest drilling results from Mali

Fri, 25th Jan 2019 08:55

(Sharecast News) - Mineral exploration and development company Kodal Minerals reported the final set of assay results for the diamond drilling completed at its 450 square kilometre Bougouni Lithium Project in Southern Mali on Friday.The AIM-traded firm said the announcement related to drilling completed in November and December, and reported four diamond drill holes from the Sogola-Baoule and Ngoualana prospects, and seven reverse circulation (RC) drill results from the Sogola-Baoule and Boumou prospects.It said final assay results from further RC drill holes were expected in the coming weeks.Kodal said diamond drill holes at the Sogola-Baoule and Ngoualana prospects continued to return high-grade mineralisation confirming geological interpretation.Highlights included 9.0m at 1.27% Li2O from 36.65m, 10.5m at 1.23% Li2O from 50.15m, and 11.5m at 1.76% Li2O from 88.2m in drill hole MDDH009, as well as 14.5m at 1.74% Li2O from 113.85m in drill hole KLDH015.It also said RC drilling at the Sogola-Baoule and Boumou prospect continued to define and extend mineralisation.Multiple mineralised intersections included 28m at 1.33% Li2O from 76m in drill hole MDRC122, 10m at 1.25% Li2O from 105m in drill hole KLRC143, and 11m at 1.32% Li2O from 114m in drill hole KLRC145.The board confirmed that final assay results were expected within the next fortnight, with RC drill holes remaining for Sogola-Baoule and Boumou to report.Its mineral resource estimate remained on schedule for announcement by the end of February."These drilling results reported today again highlight the continuity of mineralisation and confirm the geological model at all three of our advanced prospects that formed the basis of our maiden mineral resource estimate of 17.3Mt at 1.20% Li2O announced on 5 September," said Kodal Minerals chief executive officer Bernard Aylward."Indeed, the main aim of the drilling programme, completed in November and December, was to continue to expand the defined mineralisation and also importantly provide confidence in our models as we look to update our JORC Mineral Resource estimate and the classification in the indicated and inferred categories."Aylward said the results and updated mineral resource estimate were important components of Kodal's development programme."Our project manager Steve Zaninovich is on site at Bougouni this week continuing to work with our geological team as well as conducting site visits for engineering contractors to review the scope of work required for potential site infrastructure."
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18 Jan 2019 07:59

Kodal Minerals reports further high-grade results from Bougouni

(Sharecast News) - Mineral exploration and development company Kodal Minerals reported further high-grade assay results for the diamond drilling and reverse circulation (RC) drilling completed in November and December at its 450 square kilometre Bougouni Lithium Project in Southern Mali on Friday.

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14 Dec 2018 15:49

Kodal Minerals narrows loss as it works towards production at Bougouni

(Sharecast News) - Mineral development and exploration company Kodal Minerals announced its unaudited interim results for the six months ended 30 September on Friday, with its loss narrowing to £0.34m year-on-year, from £0.53m.

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26 Nov 2018 16:43

Kodal Minerals encounters 'high grade' lithium at Mali project

(Sharecast News) - Kodal Minerals' shares climbed on Monday after drilling at its Bougouni lithium project in southern Mali returned multiple mineralised intersections.

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5 Sep 2018 10:48

Kodal Minerals Publishes Maiden Mali Resource Estimate

LONDON (Alliance News) - Kodal Minerals PLC on Wednesday published its maiden resource estimate for the Bougouni lithium project in Mali, showing "potential for future mining resource showed

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30 Aug 2018 16:02

UK Shareholder Meetings Calendar - Next 7 Days

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22 Aug 2018 15:00

Kodal upbeat on Bougouni assay results

(Sharecast News) - Mineral exploration and development company Kodal Minerals announced all assay results had now been received for the drilling campaign completed at Bougouni in June on Wednesday.

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22 Aug 2018 10:47

Kodal Minerals Finds Further Lithium As It Looks To Update Resources

LONDON (Alliance News) - Kodal Minerals PLC has found further mineralisation at Mali's Bougouni lithium project with all assay results now received, the company said Wednesday.The from

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10 Aug 2018 13:03

Kodal Minerals Expects Maiden Resources Report From Mali In September

LONDON (Alliance News) - Kodal Minerals PLC said Friday it expects to publish its maiden mineral resource estimate in September after noting a jump in its share price.The stock was trading

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11 Jun 2018 11:29

Kodal Minerals Raises GBP1.5 Million, Mostly From Major Shareholder (ALLISS)

LONDON (Alliance News) - Kodal Minerals PLC said Monday it raised GBP1.5 million through a share subscription and placing to advance the exploration at the Bougouni lithium project in southern and

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8 Feb 2017 13:34

Kodal pleased with final drilling assays from Bougouni project

(ShareCast News) - Shares in Kodal Minerals fell more than 10% as final drilling assays from the Ngoualana prospect at Bougouni Lithium Project in Mali confirmed high-grade mineralisation. "This prospect is continuing to exceed our expectations with the wide intersections of spodumene rich pegmatite

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8 Feb 2017 08:06

Kodal Shares Soar On Final Results From Bougouni Drill Programme

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9 Jan 2017 12:57

Kodal Minerals raises £1m in placing

(ShareCast News) - West Africa-focused mineral exploration and development company Kodal Minerals announced on Monday that it has raised £1m, before expenses, through a placing of 666,666,667 new ordinary shares of 0.03125p each, at a price of 0.15p per share, with a range of new and existing invest

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30 Dec 2016 10:36

WINNERS & LOSERS SUMMARY: NEX And TP ICAP Rise After Completing Deal

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30 Dec 2016 08:02

Kodal Minerals Final Rock-Chip Sampling At Bougouni Confirms Lithium

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7 Dec 2016 13:58

Kodal Minerals reports promising results from Bougouni tests

(ShareCast News) - West Africa-focused mineral exploration and development company Kodal Minerals announced high grade rock chip results from the first dispatch of samples from the reconnaissance rock chip sampling at its lithium interests in Southern Mali on Wednesday. The AIM-traded firm said the

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